Legal Question in Landlord & Tenant Law in Maryland
Can you please explain what this means?
The parties desire to terminate all rights and obligations under the attached lease. Therefore, in consideration of the mutual agreements made and set forth in this document. One Dollar $1.00 and other good and valuable consideration, the parties agree as follows.
Asked on 2/02/13, 3:36 am
1 Answer from Attorneys
Cedulie Laumann
Arden Law Firm, LLC
Well, to terminate simply means to end, so it sounds as though this is an agreement to end the lease.
Please note that an online post cannot fully analyze a binding document. This answer offers general legal information and not specific advice, but I hope that it helps. You may wish to consult an attorney who can discuss your situation in greater depth.
Answered on 2/02/13, 7:16 am